"Gala Insurance" collected 156 AZN of insurance fees in September

Baku. 10 October. REPORT.AZ/ In January-September 2016, insurance fees of Gala Insurance amounted to 3,730,685 AZN. Report was informed in company, it is only 156 manats more in comparison with the results for January-August. The amount accounted for the fees for cargo insurance.

During the reporting period, insurance fees of Gala Insurance increased by 60 times. Notably, in January-September 2015 the company collected 62,133 manats.

This year the company did not make payments. This is due to lack of insurance claims. In the corresponding period last year Gala Insurance paid 53,341 manats.

Notably, Gala Insurance based on the company Chartis Azerbaijan, operating since 1999. The authorized capital is 6,786,500 manats. The amount formed on the basis of 350 thousand shares at nominal value of 19,39 AZN each. 100% of the shares owned by JSC AzRe Reinsurance.